Pokeman Bunch Inc., manufactures Poke Monster figures and has the following data from its operation for the year just completed.

	Actual				A				Flexible Budget				B				Master Budget
Units		1,620																1,320
Sales (dollars)	$	105,000								C			$	21,600	F
Variable cost		E															$	66,000
Contribution Margin					$	1,800	U			D
Fixed cost		F							$	5,120
Operating income	$	24,200

The amount D (to the nearest dollar) is:

Multiple Choice

• $37,440.

• $21,600.

• $35,640.

• $39,000.

• $29,040.